GMG Dubai Jobs 2022 – Apply Online Accountant Vacancy in Dubai, UAE

GMG Dubai Jobs 2022 – Accountant Job Vacancy in Dubai, UAE. Your job search for latest vacancies in GMG Dubai ends here!. Se Group Dubai UAE. Get Employment News Alert for Upcoming Jobs in Dubai. We are a trusted Search Private, Semi Govt, and Government Jobs in UAE. Find here New careers vacancy in GMG Dubai site for careers in GMG Dubai!!

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GMG Dubai Jobs 2022 – Accountant Jobs Vacancy in Dubai, UAE

Employment News for current Jobs Vacancies in GMG Dubai – GMG Dubai has released a new job notification 2022-2023 on their official website for Accountant job post. The eligible and Interested Candidates who meet the required educational qualifications as well as work experience needs may apply online to GMG Dubai employment notification. The work location for Accountant Vacancy would be Dubai and an average Salary will be AED Monthly.

 

Fact: The average salary for a Accountant in Dubai, UAE is AED Monthly

 

Please go through the below mentioned job description for this vacancy in GMG Dubai for Accountant  Position. Find out brief details, such as Job ID, Work Location/Address, Educational qualifications required, min/max age limit, Monthly/annual Salary and perks and employment benefits offered by GMG Dubai. Check out all the details here before applying online to this latest recruitment by GMG Dubai for freshers and experienced candidates from across the United Arab Emirates.

 

GMG Dubai Jobs Highlight Hiring Organization Name :- GMG Dubai Job Position Name :- Accountant Job Location :- Dubai, UAE Job Type :- Full Time Jobs in Dubai Salary :- AED Monthly

 

GMG Dubai: Job Description

Job Tittle:  Accountant

 

Full Job Description :- 

About GMG:

GMG is a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, food and health sectors. Its vision is to inspire people to win in ways that make the world better. Today, GMG’s investments span across four key verticals: GMG Sports, GMG Food, GMG Health, and GMG Consumer Goods. Under the ownership and management of the Baker family, it has become a leading global company, affiliated with the world’s most successful and respected brands in the well-being sector. Working across the Middle East, North Africa, and Asia, GMG has introduced more than 120 brands into its markets.

Job Summary:-

The role holder is responsible for executing the various activities pertaining to accounts payable, fixed assets, accounts receivable, general ledger, treasury, payroll and financial planning for GMG business units under the guidance of the manager/superiors. The role holder is responsible for executing day today tasks as assigned by the superiors in compliance with the policies and procedures of the GMG group.

Core Responsibilities:-

General Ledger

• Executes all monthly general ledger procedures including journal entry preparation, discrepancy resolution, and account analysis for GMG’s respective business unit:

• o Entering direct journal vouchers (e.g. related to Payroll)

• o Reconciling Sub ledgers with General Ledger

• Informs and follows-up with the Manager if reconciliation between general ledgers accounts and subsidiary ledgers are not met. Records all adjusting, closing and reversing entries to attain reconciliation in such cases (after the requisite approval)

Accounts Payable

• Executes for all monthly accounts payable procedures, for GMG’s respective business unit, including preparing journal vouchers and batches for entry of payment transactions (payments, debit notes, credit notes, invoices) related to accounts payable into the General Ledger with respect to all the purchases, expenses and goods outwards:

• o Entering invoices in system

• o Invoice matching

• o Invoice discrepancies

• o Creating payments (Cheques, Cash etc. as required) or applying prepayments

• o Creating debit/credit Notes

• o Stopping payments

• o Payment Reconciliation

• Prepares accounts payable cheques and wire-transfers with payment vouchers for necessary approval

• Periodically makes reconciliations with major suppliers/vendors/contractors and arranges for balance confirmations

Accounts Receivable

• Executes for all monthly accounts receivables procedures, for GMG’s respective business unit, including preparing journal vouchers and batches for entry of receivables transactions (receipts, debit notes, credit notes) into the General Ledger

• o Entering information in the system

• o Payment discrepancies

• o Maintaining customer files

• o Following up on collections

• Receives payments and receipts, record them and performs matching and remittance

Fixed Asset

• Executes all monthly fixed assets procedures including maintaining the Fixed Assets master file to ensure the accurate tracking of all fixed assets for the GMG’s respective business units

• Receives invoices of fixed assets in order to match with the addition/capitalization of a new fixed asset into the system

• Assists with the preparation of the yearly statement of capital assets written off during the year for different departments to show how they were disposed of for management information

Treasury

• Performs daily reconciliation between banks accounts (all currencies) as per the bank statement and own records of treasury transactions
• Conducts, periodic, maturity analysis for the lines of credit obtained by GMG Group and updates the manager to ensures the availability of funds to meet the matured amount
• Executes as per the policies for hedging strategies and for managing foreign currency requirements
• Directs the cash balances available in GMG Group’s various (Banks/Correspondences) accounts by all currencies and performs the re-allocation of funds to ensure that the optimum return on the GMG Group’s funds is always attained

Payroll

• Processes salary and benefits entitlements and ensures authorization of monthly payroll as per established policies and procedures

• Verifies a variety of payroll related information (e.g. time sheets, direct deposits, wage attachments, benefits, etc.) for the purpose of ensuring accurate distribution of funds and payroll and escalates any discrepancy to the senior authorities

• Executes as per the established controls and procedures while performing reconciliation checks in the payroll processing and payments to ensure quality of delivery and compliance with standard processes

• Provides the interpretation of the payroll policy related to employee entitlements and concerns regarding benefits, leave, pension as and when required in collaboration with the Human Resources Department

Financial Planning

• Prepares and submits financial analysis to the departments and develops all types of short and long term financial projections/forecasts/plans in accordance with the department’s strategies and GMG’s overall objectives and directions, as guided by the seniors

• Conducts feasibility studies, financial due diligence, financial modeling & valuations, financial projections and other type of financial analysis to support decisions related to acquisitions, projects development etc.
• Prepares forecasts of demand and estimates of revenue for the group, or assigned business unit, or assigned stores in the group

• Performs budgeting activities in compliance with GMG’s approved Budgeting Policies & Procedures reflecting the department’s strategies and GMG’s overall objectives and directions

Other responsibilities:-

• Prepares the necessary monthly reports and the requested ad-hoc summaries/reports as may be requested by the seniors, related to –

• o Sales, Margins

• o Customers

• o Stocks, Inventory, Port Shipments, Distributions, Freight, Customs, Shipment Delays etc.

• o Budget Utilization

• o Business Performance including Cash Flow, P&L statements

• o Retail Productivity Metrics

• Coordinates with auditors as needed on research/resolution of any accounting issues/discrepancies

Self-Management:-

Defines performance goals at the start of the year in discussion with the reporting manager and ensures that the goals are achieved during the course of the year

Experience:

1-3 years of relevant experience across the financial accounting functions

Skills:-

Language skills

• Written and spoken English is essential

Additional skills

• Analytical Ability

• Financial Reporting